BB&T upgrades YRC Worldwide (YRCW) to Hold from Underweight. Shares rose a monumental 41%...

|About: YRC Worldwide, Inc. (YRCW)|By:, SA News Editor

BB&T upgrades YRC Worldwide (YRCW) to Hold from Underweight. Shares rose a monumental 41% Friday after the company said Q1 operating income was positive for the first time in six years. "One of the stigmas in the marketplace about you guys [is that you have] older equipment," BB&T analyst Thomas Albrecht says on the call. "I don't lose a lot of sleep" over that, responds CEO James Welch, "our equipment is decent." Albrecht also sounds a positive note about pricing, even as management is more conservative. Shares +4% premarket. (transcript)